RE: Consolidation8 Jul 2022 11:51
Mr T, why because the number of shares in issue and future warrants and funding takes you to ridiculous numbers in circulation. You see it all the time, they get to a point where they simply highlight they have been the survival kit of the business. I agree with Silverknight for the likes of long termers like me they have a negative impact as you get left further afoot but moving forwards its almost away of re setting future funding with ease as with very few in circulation each raise appears less painful like the 2011 days of £1 million with just 59 million in circulation. Gkp & Cnr are too fine examples of diluted dogs with now tiny amounts around. Almost a clean slate in a way to all the new investors. Companies with far less shares in issue have always looked far more attractive from the outside. Look at Barclays and Tesco's with their buy backs, they want lower in issue for what reason? Another one I have been in and out of over the years Sqz have always kept the issue low and always been able to sell them like a ftse 100 stock even when an aim minnow at 3p as so few in circulation. Its a billion shares for every million £ now how many do we go to 8-9 billion? Sometimes you have to discuss the stuff we might not like too. I have been half full for a long time but we are still 0.11 so with 5.1 billion floating around discussing a consolidation if its likely or not to happen is merely a topic not a run down of the company.